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1 W 1St Street , 7 W 1ST Street

Cortez, CO 81321
  • $325,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 822075
$325,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,141
    SQFT
  • $152
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1922
County:
Area:

School Ratings & Info

Listing courtesy of United Country Blue Sky Homes and Land: 970-516-1759.


Description

This prime commercial property in downtown Cortez offers an excellent investment opportunity, located just one block off Main Street. The property features three units: the main building, currently used for professional/office services, includes an attached studio and will be vacant by May 1, 2025. The second building operates as a tanning salon with a lease in place through July 2026. Zoned as neighborhood commercial, the property presents potential for residential or multifamily housing development, subject to buyer due diligence. This versatile space is ideal for entrepreneurs or developers looking to capitalize on its central location and future possibilities.

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2025-04-17T23:56:26.237.
www.destinationdro.com/homes/161548082
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1 W 1St Street , 7 W 1ST Street Cortez, CO 81321

  • Price: $325,000
  • Status: Active
  • On Site: 30 Days
  • MLS #: 822075
0
Beds
0
Baths
0
½ Baths
0.16
Acres
2,141
SQFT
$152
$/SQFT
1922
Built
Neighborhood:
Cortez Original
County:
Montezuma
Area:
Cortez
Property Description
This prime commercial property in downtown Cortez offers an excellent investment opportunity, located just one block off Main Street. The property features three units: the main building, currently used for professional/office services, includes an attached studio and will be vacant by May 1, 2025. The second building operates as a tanning salon with a lease in place through July 2026. Zoned as neighborhood commercial, the property presents potential for residential or multifamily housing development, subject to buyer due diligence. This versatile space is ideal for entrepreneurs or developers looking to capitalize on its central location and future possibilities.
Exterior Features

Acreage Range Less than 1/2 Carport No Lot Dimension 6970 Square Feet Parking On StreetOff Street2-10 Total Spaces Property Description Corner Roof MetalOther Sewer Public Sewer Installed Stories 1 Street Description City/Town Water Public Water Well No Waterfront YN No

Interior Features

Cooling Type Central A/COther Finished Sq Ft 2141 Flooring CarpetLaminateVinyl Foundation Crawl SpaceOtherSlabStone Heating Fuel Source ElectricNatural Gas Heating System Forced AirHeat PumpOther One Quarter Baths 3 Total Offices 0

Property Features

Books Available No Cam No Covenants NO Current Business Tanning Salon Current Use General OfficeProfessional/MedicalService Documents On File Leases Exchange Trade No Existing Utilities ElectricInternetNatural Gas Fixtures Included No Inventory Included No Landlord Pays Building InsuranceExt Maintenance (Bldg)Sewer/WaterSite Maintenance (Prop) Lease Included Yes New Construction YN No Owners Association No Possible Property Use General OfficeMixed-UseOffice WarehouseProfessional/MedicalRestaurantRetail StorefrontSpecial Use Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2024 Tenant Pays ElectricGasJanitorialTrash Total Taxes $1446.48 Type Multi-Use Water Rights No Zoning Type BusinessCommercialMixed UseOffice

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2025-04-17T23:56:26.237.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of United Country Blue Sky Homes and Land: 970-516-1759.